Mortgages

Everyone has their reasons to borrow. A home is a great one.

Our homes are often the centre of our lives, the largest purchase, and our most valuable asset, there are a lot of factors to consider before making a final decision. This is why looking for someone to help you turn your hopes and ideas of home into a reality are so important.

One of the most important considerations when buying a home is financing. The first question your real estate agent will ask you is: “what is your price range?”. We can help you determine what you can afford by reviewing your current gross debt ratio and total debt ratio—that is, how much debt you have now compared to income—and let you know how much you can borrow for a mortgage. By adding together the mortgage amount you qualify for and your down payment, we can then help you define the top end of your price range.

Other important considerations include the amortization period—do you plan to pay your mortgage back in 25 years or faster? —the payment frequency—should you accelerate your mortgage payments? —and the transaction costs such as land transfer taxes and legal fees. Each of these factors has an impact on the overall carrying cost of the mortgage.

To take you through each of these considerations, we have prepared a comprehensive Facts About Mortgages guide.

Meet our Team

When you're ready to make a house your home - or one of life's other large purchases - our lending specialists will create a solution to fit you and your financial goals.

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Visit our comprehensive Facts About Mortgages guide - for all the information you want to know about mortgages (and likely a little more!)

Mortgage Rates

We do more than "just" mortgages; we're your partner in your home purchase! We're here to help, we can help you save for a down payment, decide what you can afford, develop a budget to ensure homeownership is right for you and more! We will even pre-approve you for a mortgage - so when that dream home pops up on the market, you’re ready to make an offer.

For innovative mortgage solutions and flexible repayment options to fit you, with the advice you need to achieve your financial goals, visit one of our helpful and knowledgeable mortgage specialists.

It’s more than a mortgage; it’s your home.We CU different.

Get Pre-Approved before You Start House Hunting! Expand/Collapse

So you've decided you're ready for homeownership? How exciting! We would love to help make your dreams of owning a home a reality!

Pre-Approved Mortgages are really a win-win for everyone:

You will have peace of mind know that you are approved for a mortgage before you even begin shopping,

You will save time, by only looking at properties you know you can afford, plus

Your realtor will be better equipped to serve you, knowing you are a serious buyer and only showing you the homes that fit you and your criteria,

You will have more negotiating power when sellers can be assured that you have secured the necessary financing,

You will feel confident when you are ready to make an offer by having your financing in place, and

We'll even guarantee your rate for 30 days while you are shopping!

Stop in to speak with one of our Mortgage Specialists - not only are they some of the most professional and well-trained, but they are your friends and neighbours, so they care about you, your dreams and your community!